Scotland's leading integrated print finishing operation has been acquired in a £6.5m management buy-out.

The deal to take over ACA Press Cutters of Inchinnan has been led by print industry veteran Joseph Keenan and Glasgow-based entrepreneur Dara Changizi.

The transaction has been backed by £2.95m of support from the Royal Bank of Scotland, including a loan, an invoice finance package and a Lombard hire-purchase agreement.

The leadership team will oversee a team of 80 providing print finishing and packaging solutions from its 60,000sq ft facility. The business will now focus on modernisation and expansion in key areas such as health and safety, ISO and BRC certification, while also investing in new machinery and internal systems.

“From my time working at ACA, I knew it was a business that had great potential,” said Keenan, who has previously worked at organisations such as SCA Packaging and J Thomson Colour Printers.

“A skilled workforce delivering exceptional quality within a lucrative market is the type of operation entrepreneurs jump at. With the help of Royal Bank of Scotland, I've been able to make this a reality.”

David Dickson, relationship manager with the bank, said ACA is an “exciting business opportunity” for its new management team.

“Dara is a long-standing customer of the Royal Bank of Scotland and it's fantastic to be able to support him once again,” Dickson added.